For Sale: Minneapolis MLS# 7013178
Active
NEW!
$350,000
Multi-family: 2 Stories
5 br • 3 ba • Built 1900
3,878 sqft • 0.17 acres
MLS# 7013178
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Property Description
Great opportunity for investors or owner-occupants at 3208 Logan Ave N! This well-maintained two-story duplex offers strong income potential and flexible living options. The upper unit features 3 spacious bedrooms, while the lower unit includes 2 comfortable bedrooms—ideal for maximizing rental income or living in one unit while renting the other. The fully fenced yard provides added privacy and functional outdoor space for tenants or personal enjoyment. Conveniently located with easy access to parks, public transportation, and major routes, this property is a smart addition to any portfolio or a fantastic way to build equity while offsetting your mortgage. Both units currently vacant. Don’t miss this versatile North Minneapolis opportunity!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$350,000
Price per sq ft:
$90
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
1
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
2 Stories
Zip Code:
55412
Neighborhood/Area:
27
Interior
Bedrooms:
5
Bathrooms:
3
Finished Area:
3,878 ft2
Living Area:
3,878 ft2
Refrigerators:
Two
Basement Details:
- Partial
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
1
Foundation Size:
1,136 ft2
Fencing:
Full, Wire, Wood
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Detached Garage
- Gravel
Shared Amenities:
- Laundry
- Patio
- Porch
- Unspecified
Road Frontage:
City Street
Pool:
None
Roof Details:
Age 8 Years or Less
Rooms
Shared Rooms:
Sun Room
Laundry:
- Common Area
- Main Level
Lot & Land
Acres:
0.17
Geolocation:
45.013606, -93.30278
Lot Dimensions:
52 x 140
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Medium
Farm
Topography:
Level
Schools
School District:
558
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$1,549
Annual Fuel Expense:
$2,545
Annual Insurance Expense:
$3,812
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$3,523
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$4,291
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,339
Income
Annual Gross Income:
$37,800
Units
Total Units:
2
Miscellaneous
Fuel System:
Electric
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Edina Realty, Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.